Uk home loans rise 4%

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Uk home loans rise 4%

News Article Date: Wednesday 15th of April 2009

April 14 (Bloomberg) -- U.K. loans for house purchase increased 4 percent in February from the previous month, the Council of Mortgage Lenders said. Banks and building societies granted 24,300 loans in the month, down 47 percent from February 2008, the CML said in a statement in London today. The value of those loans, at 3.1 billion pounds ($4.6 billion), was unchanged from January.

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